UstarPay selects BitGo Bank for digital asset payment custody
Financial technology vendor UstarPay partnered with BitGo Bank and Trust to secure asset custody infrastructure for real world cryptocurrency transactions across merchant networks
Hong Kong SAR – A digital asset payment platform, UstarPay, has chosen BitGo Bank & Trust, a subsidiary of BitGo Holdings, Inc., to serve as the custodian for its digital assets holdings. This move comes as the industry moves towards integrating digital assets into everyday payment scenarios, where speed, convenience, and traceability are key concerns.
BitGo, a digital asset infrastructure company, has been supporting institutional clients in custody, wallet, staking, trading, financing, stablecoin, and settlement solutions since 2013. The arrangement ensures that customers retain ownership of their assets and that the custody structure supports clear separation of rights and responsibilities.
BitGo's institutional infrastructure helps ensure the reliability required for payment flows, aligning with UstarPay's commitment to compliance and security. By reinforcing a robust custody framework, UstarPay is taking a step towards building payment infrastructure that is not only convenient but also accountable.
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